The reopening of america. Take a look. Dow futures turning negative down 19 points but the nasdaq is up 9 and s p 500 is also negative down about 1 point, mixed story this morning, dow and s p 500 snapped 3day winning street yesterday turning negative by the close, dow down 170 points, nasdaq was up 14 but s p down 11 and a quarter. Secretary mike pompeo meeting with chinese top diplomats as issue on trade, human rights and coronavirus heat up, john boltons new bookmaking claims about President Trumps relationship and xi jinping. Protests in atlanta to report. Meanwhile an Capitol Hill Senate republicans unveiled Police Reform bill as House Democrats call for more action. Coming up at 7 00 a. M. Eastern this morning new york city mayor Rudy Giuliani will join me with his valuable insight on policing in america, the former mayor today telling us his reaction to all of this. Then cracking down on big tech, Justice Department looks to limit protections enjoyed by Technology Companies as c
Heres the markets performance this thursday morning. Not paying much attention to those jobless numbers. We are going to be down pretty much across the board. The dow industrials on the down side to the tune of 200. The s p down about 20. The nasdaq, not much of a loss there, down 12 points. Now, ive got some negatives to lay out for you. This may be a negative. Several states report big spikes in virus cases following their reopening. Its the second wave worry. Number two, medical authorities in beijing say the new outbreak has been controlled, their words, but virus statements out of china dont have much credibility with investors. Heres another one. This is not helping. The European Union will go ahead with its plan to tax big American Technology companies. The u. S. Has withdrawn from those talks. This too might be hurting investor sentiment. John boltons book, very negative on the president. Bolton says that everything he does is geared to his reelection and that includes shifting
Points and the s p is relatively flat weve been watching what is happening in the treasury market and we take a look now, well see the 10year yield, at this point, seems to be sitting at 0. 655 andrew, over to you. Just out in the last half hour, the Biden Campaign releasing a new jobs plan. Kayla joins us with more its 700 billion, kayla yes it is stemming from a 110page policy document that is essentially emerging of the left and moderate ring priorities inside the Democratic Party. It was produced. I the Campaign Said it will create millions of goodpaying jobs and reinforces some policy commitments as well as jot lining new programs that a Democratic Administration would push for including a 15 federal minimum wage, mandate for 12 weeks paid family leave, universal prek for 3 and 4yearolds and payment platforms for lowincome americans run by the federal reserve. Democrats say a Public Credit Reporting Agency is needed to provide transparent alternatives to the private sector. There
Soldiers. Police used tear gas to break up protesters demanding quicker reform from sudans Transitional Government. European union is opening its doors to visitors from 14 countries but not to the United States amid a resurgence and coronavirus cases that. Now china is imposing a new security law on hong kong 23 years after it took back control and promised a one country 2 systems policy its been signed by a chinese president xi jinping and is now in force critics say the legislation erodes hong kongs freedoms brown reports. It normally takes a year for Chinas Parliament to pass legislation this time it happened in record time just 40 days the new security law completed its passage after a vote by the countrys most powerful political body the Standing Committee of the National Peoples congress in Hong Kong China supporters were also celebrating before the news that even being confirmed. A contentious measure that spits it he divided the city was once more defended by its chief executiv
Briefing that weve just received led me to believe it is a hoax Democrats Press the white house on just how much donald trump knew about allegations that russia paid taliban fighters to kill u. S. Soldiers. And protests in ethiopia after a popular singer and government critic shot at. And in school the africa cup of nations has been postponed by 12 months due to the coronavirus the continents biggest sporting event will now kick off in cameroon in 2022. Now china is imposing a new security law on hong kong 23 years after it took back control and promised a one country 2 systems policy its been signed by chinese president xi jinping and is now in force critics say the legislation erodes hong kongs freedoms adrian brown reports. It normally takes a year for Chinas Parliament to pass legislation this time it happened in record time just 40 days the new security law completed its passage after a vote by the countrys most powerful political body the Standing Committee of the National People